Consumer Spending

Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences
Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences
April 26, 2024  |  Retail

Tired of proverbially picking their way through online resale marketplaces, consumers are looking for more streamlined secondhand shopping experiences that more closely resemble the ease...

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44% of Consumers Need 2 to 4 Prompts to Act on Card-Linked Offers
44% of Consumers Need 2 to 4 Prompts to Act on Card-Linked Offers
April 26, 2024  |  Consumer Insights

Card-linked offers — those special promotions designed to encourage consumers to use their credit and debit cards at specific locations or for specific items —...

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Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
April 26, 2024  |  Retail

With consumer spending increasingly motivated by deals and seasonality, Amazon is gearing up for its tenth-ever Prime Day savings event, as Doug Herrington, CEO of...

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Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
April 26, 2024  |  Economy

The latest data on personal consumption notes that spending is outpacing the growth in disposable income. And as a result, consumers are dipping into savings...

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Capital One CEO Calls Discover Deal ‘Singular Opportunity’
Capital One CEO Calls Discover Deal ‘Singular Opportunity’
April 25, 2024  |  Earnings

Capital One’s first quarter results showed consumers continue to spend on their cards — and management touted the benefits of the proposed $35 billion buyout...

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79% of US Consumers Are Highly Satisfied With BNPL 
79% of US Consumers Are Highly Satisfied With BNPL 
April 25, 2024  |  Buy Now Pay Later

Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to shop more strategically, buying items one day and paying for them...

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Consumers Are Springing for Nice Beers, but Not Premium Liquor
Consumers Are Springing for Nice Beers, but Not Premium Liquor
April 25, 2024  |  Retail

Trying to balance inflationary pressures and the need to allow themselves at least some indulgences, shoppers are trading up on beer but not springing for...

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Mother’s Day Spending Expected to Dip Following 2023 Record
Mother’s Day Spending Expected to Dip Following 2023 Record
April 25, 2024  |  Consumer Insights

American consumers are projected to spend $33.5 billion on their moms next month. That’s according to new data from the National Retail Federation (NRF), which...

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First-Quarter GDP Slows as Consumers Trim Spending
First-Quarter GDP Slows as Consumers Trim Spending
April 25, 2024  |  Economy

And now it seems the slowdown is here. Markets slumped by more than 1% Thursday morning (April 25) on the latest reading on gross domestic...

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